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Radiant Capital Exploiter Locks In 94% Profit With Partial ETH Sale

Data from Lookonchain alongside EmberCN reveal that the Radiant exploiter sold 9,631 ETH into stablecoins, securing roughly $43.9 million.

Overview

  • Blockchain trackers reported that the August 12–15 sale averaged about $4,562 per ETH, converting 9,631 ETH into $43.9 million in DAI stablecoins.
  • The partial liquidation secured a 93–94% gain on the original $53 million theft, bringing current combined proceeds and unsold holdings to approximately $102–103 million.
  • The exploiter’s wallet still holds about 12,326 ETH, valued at roughly $58–60 million based on today’s Ethereum prices.
  • Radiant Capital’s enlistment of the FBI and security firms such as SEAL911, Hypernative, ZeroShadow and Chainalysis has not recovered any funds, and some analysts link the attack tactics to North Korea-linked groups without judicial confirmation.
  • This operation parallels other 2024–25 DeFi exploiters who have capitalized on the Ethereum rally to launder and realize stolen gains, contributing to over $3.1 billion in industry losses this year.